Payments News

On The Web

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Instacart Shoppers Are Organizing a Nationwide Protest

“Instacart has long been at odds with its shoppers — the people who go to the grocery store on behalf of customers. From November 3-5, thousands of Instacart shoppers plan to protest with three demands. They want Instacart to change the default tip amount to at least 10%, ditch the service fee and commit to […]
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PNC Treasury Management Takes Guesswork Out Of Payments With Intelligent Routing

“Intelligent payment routing provides clients with flexible options that suit their individual business needs and individual payment scenarios. Clients create a payment file and PNC Treasury Management will determine the most appropriate type of payment channel based upon specific factors, such as the fastest delivery and lowest cost, based upon preset parameters established by the […]
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YouTube Partners With Merchbar to Sell Music Artists’ Swag Underneath Videos

“YouTube is partnering with Merchbar on a new integration that will allow artists to sell their official merchandise to their worldwide fans from a shelf just below the video.  The addition is the latest deal focused on helping video creators make more money from their videos, beyond the revenue brought in through advertisements and subscriptions.”
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Walgreens Partners With FedEx to Accept Online Returns, Print Labels

“FedEx and Walgreens are partnering to make online returns more convenient, in a move that’s part of a growing trend where brick-and-mortar retailers cater to the needs of e-commerce shoppers in order to increase foot traffic at their stores. Under the new agreement, consumers will be able to drop off their online returns at thousands […]
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On The Wires

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Cubic and Google Pay Enable Transit Cards for Android Phones

“Cubic’s mobile platform provides travelers with new tools to manage their transit cards and enhance their journey. Passengers can add transit cards to Google Pay, securely reload funds and purchase tickets directly from their mobile device – eliminating the need for a physical transit card. The technology provides a ‘one-stop shop’ for travelers to access […]
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Bank of America Merrill Lynch Launches Accounts Payable Optimization Solution

“To address that client need, Bank of America Merrill Lynch has introduced Accounts Payable Optimization. This new solution analyzes a company’s suppliers and determines the most efficient payment method for each specific entity across BofA Merrill’s Card, Payments, Supply Chain Finance, and FX Payments teams. Normally, this analysis is performed manually, if at all. With […]
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